Will Bitcoin Repeat History or Continue The Cup N Handle
False Break Out Or Cup N Handle Continuation
1. Bitcoins most recent price action is looking pretty similar to what we experiened back in 2019-2020.
2. Bitcoin is also showing signs of a large Cup and Handle pattern which you can clearly see on the weekly.
3. If the Cup N Handle patter decides to continue playing out. I will continue my plan to just DCA on a weekly basis.
4. If History does decides to repeat what happened in 2019-2020. I will still continue to DCA weekly on the way down. BUT Wait until price falls into my 62-87.6% Fib Zone or $37,750-$22,500 to start Doubling Down on my DCA
5. My Plan is keep my blood pressure low not to predict the tops or bottoms. But to put myself in a good enough position no matter the market direction. And to continue my simple strategy to DCA.
Thank You and God Bless.
1. Bitcoins most recent price action is looking pretty similar to what we experiened back in 2019-2020.
2. Bitcoin is also showing signs of a large Cup and Handle pattern which you can clearly see on the weekly.
3. If the Cup N Handle patter decides to continue playing out. I will continue my plan to just DCA on a weekly basis.
4. If History does decides to repeat what happened in 2019-2020. I will still continue to DCA weekly on the way down. BUT Wait until price falls into my 62-87.6% Fib Zone or $37,750-$22,500 to start Doubling Down on my DCA
5. My Plan is keep my blood pressure low not to predict the tops or bottoms. But to put myself in a good enough position no matter the market direction. And to continue my simple strategy to DCA.
Thank You and God Bless.
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